Quebec Precious Metals Corporation Announces Results of Annual and Special General shareholders Meeting

Rhea-AI Summary

Quebec Precious Metals Corporation (OTCQB:CJCFF) announced that at its Annual General Meeting on October 20, 2020, shareholders approved all resolutions. Key approvals included the election of directors, the appointment of KPMG LLP as auditors, and the approval of a deferred share unit plan. As a gold explorer, QPM has significant land in Quebec's Eeyou Istchee James Bay territory, near the Éléonore gold mine, focusing on the Sakami project, which has promising grades and drill-ready targets.

Positive

• Shareholders approved all resolutions at the Annual General Meeting.
• Election of experienced directors enhances governance.
• Appointment of KPMG LLP as auditors strengthens financial oversight.
• Approval of a deferred share unit plan may align management's interests with shareholders.

Negative

• None.

MONTREAL, QC / ACCESSWIRE / October 21, 2020 / Quebec Precious Metals Corporation ("QPM" or the "Company") (TSX.V:QPM, OTCQB:CJCFF, FSE:YXEP) announces that at its Annual and Special General shareholders meeting held on October 20, 2020, shareholders of the Company approved all the resolutions, as follows:

• Election of Mario Caron, Normand Champigny, Dominique Dionne, John W.W. Hick,
  Jean- Sébastien Lavallée, Charles B. Main and Jean-François Meilleur as directors;
• Appointment of KPMG LLP as auditors; and
• Approval of the deferred share unit plan of the Company.

About Quebec Precious Metals Corporation

QPM is a gold explorer with a large land position in the highly-prospective Eeyou Istchee James Bay territory, Quebec, near Newmont Corporation's Éléonore gold mine. QPM's flagship project is the Sakami project with significant grades and well-defined drill-ready targets. QPM's goal is to find the next gold mine in this territory.

For more information, please contact:
Jean-François Meilleur
President
Tel.: 514 951-2730
jfmeilleur@qpmcorp.ca

Normand Champigny
Chief Executive Officer
Tel.: 514 979-4746
nchampigny@qpmcorp.ca

Neither TSX Venture Exchange nor its Regulation Services Provider
(as that term is defined in the policies of the TSX Venture Exchange)
accept responsibility for the adequacy or accuracy of this release.

SOURCE: Quebec Precious Metals Corporation

View source version on accesswire.com:
https://www.accesswire.com/611510/Quebec-Precious-Metals-Corporation-Announces-Results-of-Annual-and-Special-General-shareholders-Meeting

FAQ

What were the key outcomes of Quebec Precious Metals' shareholders meeting on October 20, 2020?

All resolutions were approved, including director elections and auditor appointments.

Who were elected as directors during the Quebec Precious Metals shareholders meeting?

Mario Caron, Normand Champigny, Dominique Dionne, John W.W. Hick, Jean-Sébastien Lavallée, Charles B. Main, and Jean-François Meilleur were elected.

What company is associated with the stock symbol CJCFF?

CJCFF is the stock symbol for Quebec Precious Metals Corporation.

What is the focus of Quebec Precious Metals Corporation?

The company is focused on gold exploration in the Eeyou Istchee James Bay territory in Quebec.

What is the significance of the Sakami project for Quebec Precious Metals?

The Sakami project has significant grades and well-defined drill-ready targets, representing a key focus area for potential gold mining.